Question $4[32$ points$]$

Based on the following transactions, complete the table shown below.

a$.$ A stockholder paid Callaho Inc. $$80,000$ cash for stock in the business.

b$.$ Callaho Inc. bought supplies on credit for $$700.$

c$.$ A client rented equipment for $$6,000$ cash.

d$.$ Callaho Inc. used $$100$ cash and $$500$ credit to purchase $$600$ of supplies.

e$.$ Callaho Inc. used credit to purchase $$200$ of supplies.

f$.$ A client rented equipment for $$1,900$ cash.

g$.$ $$100$ of supplies purchased on credit in transaction $($b$)$ were found to be defective. They were returned.

h$.$ Used $$290$ of the office supplies purchased last month.

i$.$ Collected $$70$ of interest today.

j$.$ Callaho Inc. paid dividends of $$1,800$ to the stockholders.

a$)$ To complete the table shown below, identify the headings $($account names$)$ for each column by clicking on the appropriate cell and making a selection. Use additions $($ sign$)$ and subtractions $(-$sign$)$ to show the transactions' effects on the elements of the equation. Indicate next to each change in equity $($in the explanation column$)$ whether it was caused by the issuance of stock $($investment$),$ a revenue, an expense or payment of dividends. Identify revenues and expenses by name. If a transaction does not affect equity, no explanation is required. Calculate the total balance for each column $($no or $-$ sign is required for totals$).$ Enter $0$ for any balances that are $0.$

b$)$ Prove the accounting equation by calculating total assets and comparing it to the total of liabilities plus equity. Please make sure your final answer$($s$)$ are accurate to the nearest whole number.

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